dealer kicked me today - Victory Forums - Victory Motorcycle Forum
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post #1 of 38 (permalink) Old 08-02-2014, 11:21 PM Thread Starter
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Default dealer kicked me today

Went into the dealer today to see about a new xc/xr...we got to talking trade and with everything still on my bike he shoots 7000. A 13 vegas 8ball with everything but cams. I asked why so low considering I bought the bike this time last year and he said that is the resale value for ya. So in one year and less than 2000 miles on clock it depreciated 5 thousand plus. I walked. Going to hit another dealer but if the same numbers come back I can't say I have much belief in vic holding value.

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pc5 w/at, bassani pro-street turnouts, intake, lloydz super wheel +6
2004 Vtx-1300c *retired and sold*
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post #2 of 38 (permalink) Old 08-02-2014, 11:53 PM
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Default Value?????

Personally I do not by a motorcycle in hopes of it holding value or gaining. Sorry. I buy them because that is what I feel like I want or need(ha,ha) at the time. Yes I wish they held there value better. It sure seems like unless it is a HD they do not hold there value unless you happen to find the right buyer. Bought my last Triumph brand new and found out real quick they did not hold value very good at the time, again sorry to say, cost me a lot at resale in the end. I new it was, so I kept the bike until it had over 70K miles on it. Did a few mods, which do NOT help the value any, again unless you find the right buyer that likes the mods you have done. ......Next time I will buy used more than likely, let the first owner take the hit. Buy a used one with low miles and save a few thousand $$$ hopefully. ...Noticed the other day for 2015 Victory is NOT offering the CrossRoads anymore, there goes the value on my 2011 CrossRoads again, payed to much to begin with for it. Still paying the bank and I see I could buy one with lower miles on it than mine for less than I owe on mine..........crap. Still enjoy the bike, try not to look at the cost, though it is hard not to. Used bikes are looking better, though new and shinny is nice.

Buckeye, Arizona(USA) 2011 Victory Cross Roads, Black police bag guards, black engine guards, black handle bars, Triumph Tiger mirrors, Triumph hand grips, set speedo/tach back 5" , adjustable timing wheel, Lloyzz Fuel Programmer III & air filter. Modified exhaust, made stock into 2 into 1. MRA windshield, Rotated front fender forward,relocated ignition switch, Bad Ace Fuel Tank Risers, Fat front tire.
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post #3 of 38 (permalink) Old 08-03-2014, 12:19 AM
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Why did you Buy it. RIDE IT

2010 X C
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post #4 of 38 (permalink) Old 08-03-2014, 12:36 AM
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Quote:
Originally Posted by lykoi626 View Post
Went into the dealer today to see about a new xc/xr...we got to talking trade and with everything still on my bike he shoots 7000. A 13 vegas 8ball with everything but cams. I asked why so low considering I bought the bike this time last year and he said that is the resale value for ya. So in one year and less than 2000 miles on clock it depreciated 5 thousand plus. I walked. Going to hit another dealer but if the same numbers come back I can't say I have much belief in vic holding value.
Well your dealer is screwing you a bit....

My experience, I bought a 2008 Vision for $17K from my dealer. It was a demo when I bought it.

3 Years later and 82K miles, when I go to trade it in I got $10,500 for it.

That was 6.5K in depreciation......but it needed tires when I traded it.....and it had a cracked turn signal assembly.

......oh.....and it had 82K miles on it.

So I thought that was reasonable.

Try around a bit.
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post #5 of 38 (permalink) Old 08-03-2014, 01:51 AM
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Default capitalism?

Guys, lets be reasonable here. You are not selling your bike for full resale value when you trade in at a dealership. You are selling it wholesale and they resell it hopefully for a profit. They may sell it quick or it may sit on their floor for months. During that time they have to clean it, move it, advertise it and pray that someone is going to want a bike that someone else has ridden and modded to their own specs. If you want full value for your bike, sell it yourself. Take out an ad, deal with tire kickers, show it to potentially dozens of people and a week or a month or more from now deal with the guy who buys it, after trying to chisel you down hundreds or even thousands of dollars from what you think its worth. If you want it gone today, there is a premium to be paid to get someone else to deal with all that crap for you.
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post #6 of 38 (permalink) Old 08-03-2014, 06:42 AM
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Come on Rlanda, it is not that hard or difficult to sell a bike on your own. As long as you price it reasonably you can move a bike (that is desirable) pretty fast. I have sold both a motorcycle and a truck in the last 2 years and had them both sold in less than 2 weeks.

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post #7 of 38 (permalink) Old 08-03-2014, 06:55 AM
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Dealer did not kick you. They are in business to make money.
So maybe he low balled you a little on the trade in. Did you try to negotiate a better price on the new bike. There is plenty of wiggle room there. If not shop around or sell the bike on your own.
Good luck.

Fran
2012
Red XCT
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post #8 of 38 (permalink) Old 08-03-2014, 07:13 AM
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You are never going to get a good deal trading in. Last month when I took my wife's 2008 Nightster with 2400 miles I was offered 3100. Sold it on Craigslist for 6300 in three days. The dealer is going to be 2k-3k under retail generally speaking.
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post #9 of 38 (permalink) Old 08-03-2014, 07:18 AM
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Anything you get will shock you if you try and trade in the first 2 years. Vic's aren't in high demand, and dealers set the prices, "book" be damned.
Never buy anything with wheels as an investment. Ride it.
Want trade in? Get a Goldwing. 130K, 08 traded $14+K. Rolled out 4 years before for just under $17K. Book was holding them high 15's for private sale.

Harley who?

Some people go their whole life wondering if they made a difference, Marines don't have that problem.~ Ronald Reagan

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post #10 of 38 (permalink) Old 08-03-2014, 08:16 AM
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I always check auto or cycle trader to get a feel
For what's out there. There are a fair amount of Vegas to choose from so could have Ben yet another factor. I really have not seen any recreational vehicle hold a strong new purchase value.

2011 White Vision - Nuvi 550, Lowers, Lloydz 2nd filter, Vic perf filter, CB/Icom, 96 Brake LED's, Clear Signal lens/Switchbacks, VIC Hwy Pegs, Stebel Horn, 7Jurock 15" Shield, PCV, Lloyd ATS and Variable intake, Ness honkers

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